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www.mba.monash.edu.au
Todays business environment needs a new calibre of transformative leaders - leaders who are able to conceive new visions, who promote ethical, sustainable practices and who are able to meet emerging challenges head on. The Monash MBA is uniquely positioned to support the development of these leaders.
Professor Colm Kearney Dean, Faculty of Business and Economics
Traditional management skills are no longer enough. To truly make a difference, corporate leaders must also have a deep understanding of their social responsibility and the impact this has on their business. The Monash MBA addresses both of these elements.
Associate Professor Amanda Pyman BCom (Hons) PhD PGCHE MBA Director
Amandas pedagogical approach centres on the co-creation of knowledge, and is underpinned by student participation, case study based teaching and interaction. MBA students are encouraged to draw on their own work experience and that of others in debating, applying and critiquing knowledge, theory and analytical tools. In leading the MBA program, Amanda draws on her work with organisations in the public and private sectors in Australia and in the UK. Amanda also teaches Managing People for Competitive Advantage. In 2011, Amanda was the recipient of a Deans Commendation for Excellent Teaching and is renowned for her teaching excellence.
The Monash MBA the MBA for people who believe business should be better
Consistently placed amongst the top MBA programs in Australia, the Monash MBA offers a new approach to the development of corporate and community leaders. Here, you will learn how to manage, lead and transform organisations but you will do so in a unique way. You will examine and develop your individual leadership and personal capabilities. You will learn to approach business challenges in a holistic way, guided by a professional and ethical framework. Innovative thinking and entrepreneurship will be encouraged and grown. And you will do all this while considering how you can make business better. The Monash MBA has an integrated focus on ethics and sustainability, leadership, negotiation and strategic decision-making with flexible course delivery in a combination of intensive and traditional semester modes. Management Essentials During the Monash MBA you will build on your existing management skills and knowledge, readying you to lead and manage whole enterprises. Extending beyond business fundamentals, you will gain expertise in applying your business skills in a variety of settings. Social Responsibility Our curriculum includes an integrated focus on ethics and sustainability. Here, you will explore moral issues facing contemporary business leaders and you will consider the impact of value-based decisions in the business world. Leadership and Personal Development Program The Monash MBAs Leadership and Personal Development program is unique. Fully integrated into the core curriculum, it builds on the academic program seeking to assist you to improve your leadership capabilities and to promote your career. The Monash MBA Leadership and Personal Development Program is based on the belief that empowering MBA students in the behaviour-based areas of leadership and personal development is of equal importance to the business and commercial skills gained from the academic curriculum. Corporate Projects Our exclusive corporate project, completed in the final quarter of the course, is an experiential component that offers you the opportunity to apply the qualitative and analytical skills covered in the preceding 12 units of the program in the context of a defined live business problem. Program Duration The full-time program is usually completed in two years and the part-time program in four years. However, there is an option for full-time students to accelerate progression through the first 12 units to complete the coursework part of the program in one year of full-time study followed by the corporate project in one semester. This option is based on academic merit. Part-time students may accelerate progression to complete in 2.5-3 years.
Vivek is Deputy Head of the Department of Management at Monash University. His areas of interest include applied game theory, business strategy and policy design. Vivek has worked extensively with the Victorian and federal governments on the design of auction formats and market methods in a number of different policy realms. He has also been actively involved in the strategy consulting arena, having advised the Boards and senior management of many private and public institutions, in Australia and internationally, on issues ranging from real options in valuations to designing organisational architectures.
Paul is an enthusiastic and energetic educator who engages and encourages students to learn in an open, inclusive and interactive environment. In 2007 he was awarded the Deans Award for Teaching Excellence. A Monash MBA Alumnus himself, Paul has had extensive experience in both industry and academia. His research interests lie in the areas of foreign direct investment into Australia and cross-cultural communication.
George is an economist specialising in cost benefit analysis; legislation assessment; project/program evaluation and pricing. He has received numerous awards for teaching. George has undertaken collaborations with the Department of Natural Resources and Environment, the former Victorian Qualifications Authority, COAG; The Department of Sustainability and Environment; The Department of Community Planning and Development; The Department of Primary Industries; The Department of Justice; VicRoads; Energy Safe Victoria; Royal Botanic Gardens and Alpine Resorts.
Dayna brings international experience into the MBA classroom, having worked in both the US and Australia. She is passionate about responsible innovations that benefit companies financially but are also socially and environmentally beneficial. Her experience over 15+ years working with companies on this topic has shown that creativity, employee involvement and investment is key. Dayna encourages students to think outside the square and not to accept the status quo.
Having taught for over a dozen years in leading business schools in three countries, Srinivas believes that true learning occurs deep inside the mind of the learner. Teaching Strategic Marketing in the Monash MBA with case studies, he encourages personal responsibility, learning from peers, and a decision orientation in students. Srinivas is a respected researcher in the area of marketing in emerging markets and informal economies, with his work profiled in The Wall Street Journal, Economist Intelligence Unit, and Profit Magazine.
Wendy combines her 18 years business experience with her ongoing research into corporate sustainability, to provide a hands-on course in Creating Sustainable Organisations. The course helps students navigate their way through the social, environmental and economic sustainability issues facing business today. Through case studies and guest speakers from leading sustainable organisations, students learn how to develop and implement a business strategy for sustainability.
John is passionate about finance and believes that every executive should be capable of measuring decisions in terms of intrinsic value. His goal is to empower his students to win the business argument with the CFO in financial terms. He is a formidable teacher who uses cases and simulations in Finance drawing on his many years of experience in chief executive and financial officer roles from start-ups to large enterprises in the Tech sector across many countries.
Steve joined the Marketing Department at Monash in 2002, prior to which he worked at several universities in the United Kingdom (UK) and he has had executive experience at a UK bank and with a UK supermarket group. His research interests are focused on the distribution of financial services, particularly through the channel of payment cards. Recent publications have focused on the opportunities and challenges facing new entrants into the financial services market, particularly from brands such as Tesco Bank and Virgin Money and on the attitudes of the young, affluent Chinese, as early adopters of credit cards.
Learning Beyond the Classroom At Monash, learning extends well beyond the classroom. MBA students and alumni are invited to participate in the wide range of exclusive co-curricular activities offered each year. Co-curricular activities include: alumni and student distinguished guest speaker events and forums, master-classes and People Leadership Connect forums. In 2011, our distinguished guest speakers at Monash MBA Events included: Mr John Brumby (Vice Chancellors Professorial Fellow) and Vivek Tulpule (Chief Economist, Rio Tinto).
Copyright 2010 Rio Tinto
Course Structure
Fundamental Units
The 16-unit Monash MBA integrates the academic content of the program with the Leadership and Personal Development program. It includes: Four integrating core units (context setting) Critical thinking for problem solving The strategic environment of business Negotiation and managerial judgement Strategic management Eight fundamental units in key business disciplines Business economics Business insights from data analysis Corporate finance Creating innovative organisations Creating sustainable organisations Interpreting accounting information Managing people for competitive advantage Strategic marketing A strategic corporate project (equivalent to four units)
Activities Leadership Philosophy and Reflective Practice Reflective Leadership e-Portfolio Master Class Series Related modules and units (see page 12 13) Modules 2 & 3 Mastering Business Fundamentals Module 4 Leadership and Ethics Units Managing people for competitive advantage MBA5008 Negotiation and managerial judgement MBA5500 Strategic marketing MBA9006 Creating innovative organisations MBA5540
Part B
Activities Career Management Advanced Networking Communication Strategy 1:1 Career Coaching Monash MBA Alumni Opportunities Part C Related modules and units (see page 12 13) Module 5 Strategy in Practice UNITS Strategic management MBA5005 Corporate Project MBA5400 MBA5410
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Modules
1 Foundations of Business in a Global Context The strategic environment of business MBA5510 Critical thinking for problem solving MBA5530
2 Mastering Business Fundamentals Business insights from data analysis MBA9007 Interpreting accounting information MBA9004 Managing people for competitive advantage MBA5008 Strategic marketing MBA9006
3 Mastering Business Fundamentals Business economics MBA9003 Creating sustainable organisations MBA5520 Corporate finance MBA9005 Creating innovative organisations MBA5540
5 Strategy in Practice
5 Strategy in Practice
5 Strategy in Practice
Units of Study
* full-time students may accelerate their course progression (subject to MBA Director approval and unit availability)
5 Strategy in Practice
5 Strategy in Practice
5 Strategy in Practice
The strategic Business environment insights from of business data analysis MBA5510 MBA9007 Critical thinking for problem solving MBA5530
* part-time students may accelerate their course progression (subject to MBA Director approval and unit availability)
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Units Descriptions
MBA5510 The strategic environment of business
This case-based unit is designed to provide an overview of the strategic economic and legal environment of business at the global, market, and organisational levels and the role of individuals in such an environment. The focus of this unit will be to investigate important socio-political/legal dimensions and the contemporary context of senior managerial decision making. To this end, students will examine the myriad issues challenging the pursuit of sustainable business practice as a precursor to the more detailed consideration of functional methods that help inform these decisions that will follow in the subsequent module.
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Key Dates
Closing date for domestic applications Closing date for international applications MBA Program Commences: Leadership and Personal Development Induction First module 16-24 February 2013 Semester 1 4 March 31 May 2013 Semester 2 29 July 25 October 2013 4 November 22 November 2013 10 June 28 June 2013 Friday, 11 January 2013 Monday, 10 December 2012 9 & 10 February 2013
Fees
Domestic students (total course) $61,260 International students (total course) $64,500 * Fees are quoted at 2012 rates. For future years of your course Monash University reserves the right to adjust annual tuition fees in line with cost increases. The university guarantees that fees will not increase by more than 10 per cent from year to year. The Monash MBA Program team is happy to discuss company sponsorship of MBA students and the return on the investment for the company.
For further information about English language requirements at Monash University visit: www.adm.monash.edu.au/admissions/postgrad/ Credit and preclusion If you intend to apply for credit into the MBA program for previous postgraduate study, please email buseco-postgrad@monash.edu or ring +613 9903 1400.
How to Apply
Applications should be made online at the following addresses: Domestic student applications http://adm.monash.edu.au/admissions/applyonline-instruct.html International student applications http://www.monash.edu/study/international/apply/applicationonline.html Applications must include: 1. A copy of your rsum. 2. Certified copies of academic transcripts (including English language test results if required), 3. Statement of purpose
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Monash University
Monash University was established in 1958 and welcomed its first intake of students in 1961. In its fifty year history, the university has established itself as one of Australias finest tertiary institutions, building an enviable reputation for both its outstanding teaching and its transformative research.
Today, Monash is Australias largest university with more staff, more students, more courses and more campuses around the globe than any other Australian university. Monash is the youngest member of the Group of Eight, the coalition of Australias most prestigious research-intensive universities. The universitys youthfulness shows through in the way it approaches education and research. It isnt wedded to convention or tradition, which means students are offered a first-class education while being encouraged to become agents of change. Monash offers courses from a vast selection of both traditional
and emerging disciplines.
Melbourne, Australia
Melbourne is consistently voted one of the worlds most liveable cities, with its wide-open spaces and parkland, clean environment, temperate climate, and casual lifestyle. Yet with nearly four million people, Melbourne combines the qualities and the cosmopolitan style of the great cities of the world, a city that blends heritage with a vibrant youth culture and a thriving artistic community. With its unique blend of Asian and European lifestyles, sporting and recreational events that stop the world, and an exciting variety of theatres, exhibitions, galleries, and musical performances, Melbourne has something for everyone. www.visitmelbourne.com
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Further information Postgraduate Student Services Office Faculty of Business and Economics Monash University Building N, Level 4 27 Sir John Monash Drive Caulfield East, Victoria 3145, Australia Telephone: (+613) 9903 1400 or (+613) 1300 784 990 Email: buseco-postgrad@monash.edu Contacts for international students International Recruitment Services Monash University 871 Dandenong Road Caulfield East 3145, Australia Telephone: +61 3 9627 4852 Email: study@monash.edu www.monash.edu/study/international
Caution: While the information provided in this brochure was correct at the time of its publication, Monash University reserves the right to alter this information should the need arise. You should always check with the relevant faculty officers when considering a course. May 2012
www.mba.monash.edu.au
CRICOS provider code: Monash University 00008C MBA CRICOS code: 001461G